Battle Mountain Gold (BMG) Message Board

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Gold/Mining/Energy : Battle Mountain Gold (BMG)

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To: long-gone who wrote (118)	7/28/1999 4:41:00 AM
From: Roebear	Read Replies (2) of 174

Richard, How are you doing it's been awhile. I sold all my gold stocks immediately after the BOE announcement, guessing it would do some pretty serious damage similar to the Austrailian sale awhile back. At least this time I got out with some profits intact, though the buggers got about half of a very nice gain at the time. Currently my view is a POG bottom is possible here and so I am doing some DD on BMG trying to determine if it is sound fundamentally. I believe it has substantial appreciation potential if the POG turns around. However, I am trying to determine if it could survive another year in the 232 to 260 POG zone, just in case I am wrong on an imminent turn around in the POG. This is my worst case assumption on the POG. Your opinion on the fundamentals of BMG under these circumstances would be valued. Best Regards, Roebear

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